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Re: How much analysis is required as a trader?
My plans are usually to trade at or near support or resistance areas, these are where biases will appear one way or the other, and these areas are where high probability trades are at. So if you think about it, prices don't move to these areas throughout the day, only a few, so this is where I concentrate my time on finding opportunities. 2-3 trades is my max number of trades. Any more is overkill and trying hard to make the trade do something when there isn't anything there.
Hope it makes sense.
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